Interesting times right now since the world's economy is in turmoil. Stock markets are down, investors are afraid of losing, financial institutions are being sold....Complete an analysis answering the following:
1. What triggered this economic turmoil? (Hint: Read about the mortgage crisis in the US)
2. What actions is the Canadian government taken to jump start the economy?
3. What is happening in the labour situation, in BC and in Canada?
4. What is the outlook of the economy for the last two years?
5. State the major areas that substantiate the Canadian Economy.
6. Your comments about the investment situation in Canada (Include a two-year graph of the Toronto Stock Market)
7. Summarize your conclusions
Slide 1: What is economics? Its importance to business. Important topics studied in economics. Definitions.
Slide 2: How are prices determined? Supply, Demand, S/D curves, Equilibrium point, examples.
Slide 3: What is GDP? How is determined? Compare GDP per capita of Canada, US, England, China and India.
Slide 4: Unemployment. Diferences between cyclical, structural, and seasonal unemployment. Give examples.
Slide 5: Inflation and consumer price index. Definitions and factors. Include graphs for BC and Canada.
Slide 6: Recession and depression. What is their effect for the economy.
Slide 7: What is the current outlook of the Canadian and BC economy for the next two/five years?